u/mimibouh

Hi all,

I read the information available on manzil website and I understand that financing rate can be fixed over a maximal period of 5 years, renewable for a total 25 years amortization period. Does this mean that I risk to have a higher financing rate each 5 years ? Isn't contract terms meant to be fixed in the beginning of the sale in Islamic financing ?

Thanks for your help clarifying this for me